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increase. >> you said that about bill clinton in 1993. not a single republican voted for his tax increase, and we had 23 million new jobs. >> it doesn't keep up with population growth. >> i'll tell you this. >> we are not growing our way out of this, and obama doesn't want to grow. >> regarding the clinton tax hike of '93, first of all, the economy didn't do so great after that tax hike. it was later when he cut the capital gains tax. >> that's not true, larry. look at the numbers, larry. that's not true. >> we cut spending, keith. >> but the fact is, george papa bush gave clinton a really strong 4% economy. right now you've got a whole different situation. >> wait a minute. so you can talk about the senior bush but you can't talk about the younger bush and what he gave president obama? is this not hypocrisy? >> papa bush gave him a better economy. i've got to get out of here. >> it's after the election, you lost, larry. get over it. >>> do you think someone earning $250,000 a year is rich? please tweet us @thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi i
-ranking, frankly, as former president bill clinton to go and be the negotiator. i know he'd hate me for saying th, but we need a person of enormous prestige and influence to have these parties sit down together as an honest broker. but we have a lot of work to do to regain some credibility because we're crumbling all over the middle east . al qaeda is on the comeback. you saw in the last couple of days, fighting between the kurds ankurds and iraqi on the border. the whole mali situation where al qaeda has taken over. al qaeda training camps are in western iraq. the iranians continue, as we see, the latest i.a.e.a. report on their path towards nuclear weapons. you look at the whole middle east and it's been a significant failure north to mention our reset with the russians. . >> schieffer: let's talk a little bit about libya. you were talking a lot about that. you and the president really kind of had a little set-to last week over the situation in libya because you said once again that you would oppose the nomination of susan rice to be secretary of state. a lot of people in the administration say
since the '30s. >> we were tying it all the way remember with bill clinton, becky, bill clinton realizes no matter what happens the next four years will be good, housing recovers, so if he doesn't make sure the president's reelected then hillary can't run in 2016 because romney would be an eight-year president. whoever is there is going to get credit for it. steve, are we guaranteed the next four years as housing recovers no matter what policies we pursue it's going to be 3% or 4% growth? >> sadly no. in 2008 before we had the financial panic in september and depressed housing markets like phoenix, las vegas and a couple other areas we started to see signs of life again so if you get government out of the way, housing would recover far more quickly and let the markets clear, recover far more quickly. the key thing you got to have stable money, don't pile on new taxes and don't pile on all of the new regulations that are coming. those are crushers. >> i want to know whether reinhardt-rogoff was right. if we stay slow for four years it was more than the financial crisis, that washington po
of legislating. he is going to have to provide some leadership. when bill clinton was president, we got things done. welfare reform, put ability of insurance. balanced-budget and a surplus. clinton was directly involved. i remember getting a call from him at weird hours of the night. [laughter] >> i always wondered what he was doing a. [laughter] >> but he would know the section of the bill and how much money was in it. and i remember there was one like the children's health care thing and he said, i don't know, let's add 10 million more. but we made some concessions to him and he made concessions to us and we got the job done. but i guess now i'm going to begin to act a little bit like a republican. first of all, while the democrats won, i would not call this a mandate. there is a mandate, it is for the president and the congress to start working together. he does not talk to the members of congress. democrats will tell you that. he hasn't been engaged. the problem is not enough revenue. the problem is too much spending. now, some of the republican. the solution is that we are going to have t
, but the republicans have substantial power because of the rules of the senate. the democratic president. as bill clinton would say, it's arithmetic. nothing is going to get done unless we find a way to work together. and i'll tell you, the public has just had it. well, you know, the approval rating of congress is in single digits. it's pretty awful. and it's all about, in my view, the inability to simply sit down and solve some of these problems. >> senator, quick question, brian sullivan from cnbc here. would you support a fiscal cliff resolution on taxes that did not involve an elevation of the top-end rate? in other words, 35 to 39.6, would you support a tax increase but only as boehner would like to do through the reductions or deductions, or are you fixed to that rate? >> well, i think we're fixed too much on this issue because it's only a small piece. even if you do the increase on the people above $250,000, it's a long way from solving the full problem. i'm a simpson-bowles guy myself in the sense that i think there's got to be an across-the-board settlement. so i think what you're really
Search Results 0 to 5 of about 6 (some duplicates have been removed)